Senior Officer, Regulatory Advisor Commercial Bank of Dubai

Assist with the implementation of Regulatory Compliance controls, ensuring consistency and integration with the Operational Risk framework.

• Prepare and manage the Regulatory Breach Register, Regulatory Reporting and Advisory Registers, and ensure all relevant information is captured accurately.
• Assist with the validation of evidence and closure actions for relevant obligations detailed in the Obligations Register.
• Assist and guide Management in responding to enquiries or requests from Regulators and other stakeholders as appropriate.
• Assist in logging, tracking and reporting advisory emails.
• Assist in the preparation of a detailed monthly Regulatory Obligations Dashboard (sent to senior management).
• Assist with the internal documentation and communication of key relevant regulatory developments.
• Participate in reviewing the bank s policies and procedures and ensure that they are aligned to regulatory requirements.
• Research, analyze and provide recommended remediation efforts (where required) in collaboration with internal stakeholders.
• Effectively communicate and report on plans, status, issues, breaches, risks and requirements to all relevant stakeholders.
• Assisting regarding the reporting of compliance metrics to Compliance Data Analytics, Risk Management and Ops Risk.
• Draft, assemble, and file documentation and submission materials to regulatory authorities within the required timelines and in conformance with appropriate regulations and guidelines to ensure timely regulatory reporting.
• Assist in the interpretation and evaluation of existing, proposed, new and amended regulations to assess the impact of these regulations on the business.
• Assist with the identification of regulatory developments, requirements, and industry trends. Maintain regulatory intelligence through continuous monitoring of regulatory landscape; identify risks, mitigation, and resolution strategies.
• Assist the Quality Assurance team with the identification of adverse trends, poor controls and systemic risks as a Regulatory Compliance subject matter expert, as well as assist in preparing monthly RCSA evidence to the Quality Assurance team.
• Participate as may be required in regulatory examinations and audits.
• Undertake other activities as assigned from time to time.